Our next Top Short is another travel stock appearing on the list for the second time week-low cost airline Spirit Airlines. The airline industry has been greatly harmed due to COVID-19, and Spirit has been no exception. Our AI systems have rated Spirit Airlines B in Technical, F in Growth, D in Momentum Volatility, and F in Quality Value. The stock closed up 5.08% to $16.55 on volume of 10,517,640 vs its 10-day price average of $16.23 and its 22-day price average of $16.
91, and is down 59.29% for the year. Revenue grew by 8.62% over the last three fiscal years and was $3830.54M in the last fiscal year compared to $2643.55M three years ago. Operating Income was also $519.11M in the last fiscal year compared to $401.62M three years ago, EPS was $4.89 in the last fiscal year compared to $5.99 three years ago, and ROE was 16.0% in the last year compared to 26.32% three years ago. Forward 12M Revenue is also expected to grow by 23.54% over the next 12 months.
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Source: BusinessInsider - 🏆 729. / 51 Read more »